demand curves - Hutchinson encyclopedia article about demand curves Printer Friendly
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demand curve
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demand curve

In economics, a curve on a graph that shows the relationship between the quantity demanded for a good and its price. It is typically downward-sloping, showing that as the price of the good goes down, the quantity demanded goes up. The demand curve will shift if there is a change in a variable which affects demand other than the price of the good.



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